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...1980s. "Even years down the road, we shall look back on the first quarter of 1999 as the turning point in Italian finance, when we started on the road to change and moved much closer to the American model," says Giovanni Grimaldi, fund manager at investment company Primegest in Milan...

Author: /time Magazine | Title: The Takeover Cowboys | 4/19/1999 | See Source »

...Santander announced an $11.3 billion merger with crosstown rival Banco Central Hispano. This was followed by the $18 billion bid by Societe Generale, one of France's largest retail banks, with Paribas, the country's leading investment bank. During a sleepy Italian weekend in March, Unicredito, based in Milan, launched a $16 billion bid to buy northern rival Banca Commerciale Italiana, perhaps Italy's most prestigious banking brand. Only a few hours later, San Paulo-IMI, which had become the country's largest commercial bank through an earlier merger, announced a $9.7 billion offer for Banca di Roma, which...

Author: /time Magazine | Title: The Takeover Cowboys | 4/19/1999 | See Source »

...Prada purse" or "I threw a Manolo Blahnik mule at a mirror and haven't been able to find comfortable shoes for seven years." But instead she finishes with "I don't look at my horoscope as much as I used to." Okay, maybe flying all the way to Milan only to act like a human clothes hanger for 16 hours at a stretch gives one a real feel for the anticlimactic. Maybe even for the totally useless. What this magazine did for me is confirm my (seemingly common-sense) belief that regular, real people are far more interesting than...

Author: By Jessica A. Nordell, | Title: Will the Real Jane Pratt Please Stand Up? | 4/15/1999 | See Source »

...will readily testify, I hold a blind predilection towards all things European. I am enchanted by the melodic languages, the various delightful cuisines, the elegant fashion and, of course, the seductive men. Last week, as I sat in my Anthro seminar, lost as usual in daydreams of Paris and Milan, I was struck with a peculiar epiphany. Surprisingly enough, my biased idealization of European culture translates quite nicely into a self-serving comparison between Europe and the Quad. Though initially you may scoff at this unlikely analogy, it is a convenient means to convince myself and others that my life...

Author: By Shara R. Kay, | Title: Abroad in the Quad | 3/25/1999 | See Source »

Mylan CEO Milan Puskar not only rejects those allegations--"radical, rushed and wrong," he says--but thinks his company should get a medal for lowering overall drug costs to consumers during the past 15 years and for taking on brand-name drug companies that are resorting to every dilatory tactic at their disposal to keep their precious compounds from falling into the hands of generic manufacturers...

Author: /time Magazine | Title: Who's Really Raising Drug Prices? | 3/8/1999 | See Source »

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